NVIDIA Corporation (NASDAQ:NVDA) Shares Sold by Columbia Partners LLC Investment Management

NVIDIA Corporation (NASDAQ:NVDA) Shares Sold by Columbia Partners LLC Investment Management”

NVIDIA Corporation (NASDAQ:NVDA) has been the object of insider selling activity recently. Summit Redstone set a $120.00 price target on shares of NVIDIA and gave the stock a "buy" rating in a research report on Saturday, February 11th. After a recent check, Skechers U.S.A., Inc., (NYSE:SKX)'s last month price volatility comes out to be 2.55% which for the week stands at 2.75%. Inc. now owns 822 shares of the computer hardware maker's stock worth $119,000 after acquiring an additional 6 shares in the last quarter. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Hanson McClain Inc. now owns 881 shares of the computer hardware maker's stock worth $127,000 after acquiring an additional 99 shares in the last quarter. Frontier Investment Mgmt Co. acquired a new position in NVIDIA Corporation during the second quarter worth $4,003,000. Finally, Miles Capital Inc. lifted its holdings in NVIDIA Corporation by 1.1% in the 1st quarter. Amalgamated Bank has an ownership of 67,378 stocks of the computer hardware maker's shares valued $9,740,000 following acquiring an extra 27,523 shares through out the quarter. Following the completion of the sale, the director now directly owns 35,927 shares of the company's stock, valued at approximately $3,916,043.

NVDA has been the topic of a number of other reports. Citigroup Inc. boosted their price target on NVIDIA Corporation from $145.00 to $180.00 and gave the stock a "buy" rating in a research note on Thursday, June 8th.

Now the stock price is moving -6.65% off from the highest level of twelve months and +16.73% above from twelve months low.

The stock received analysts' mean target price of $160.42. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company now has a consensus rating of "Hold" and a consensus target price of $151.57. A statistical measure of the dispersion of returns (volatility) for NVDA producing salvation in Investors mouth, it has week volatility of 2.81% and for the month booked as 2.36%. NVDA has diverse figures for different time frames; starting from week's performance its showing bearish trend of -0.62% in last five regular trading sessions. The company has a market capitalization of $104.63 billion, a P/E ratio of 50.154 and a beta of 1.25. The firm has a 50-day moving average price of $167.68 and a 200-day moving average price of $138.76.

Vetr raised NVIDIA Corporation from a hold rating to a buy rating and set a $143.94 price target for the company in a report on Thursday, May 25th. NVIDIA had a net margin of 23.82% and a return on equity of 34.13%. The firm had revenue of $2.23 billion during the quarter, compared to analysts' expectations of $1.96 billion. Whereas, in last 21 trading days (one month) was climbed 7.96% and isolated positively in last 63 trading days (quarter) of 16.36%. On average, analysts predict that NVIDIA Corporation will post $3.63 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, September 18th. Shareholders of record on Thursday, August 24th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.33%. NVIDIA Corporation's dividend payout ratio is now 15.86%.

In other NVIDIA Corporation news, insider Michael Byron sold 409 shares of the firm's stock in a transaction that occurred on Friday, September 1st. Director Mark A. Stevens sold 80,250 shares at an average price of $187.23 on Wednesday the 20th. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Harvey C. Jones unloaded 100,000 stocks of the firm's shares in a trade dated Thurs, Sep 21st. The shares were sold at an average price of $150.84, for a total transaction of $7,542,000.00. In the last 90 days, insiders have sold 536,940 shares of company stock valued at $91,728,080.

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